Netmore's network company ECN acquires Spanish LoRaWAN operator Redexia
Netmore's network company European Connectivity Networks (ECN), co-owned with the infrastructure company Polar Structure, acquires Spanish LoRaWAN operator Redexia. The acquisition involves Netmore and ECN taking over customer contracts, existing network infrastructure and Redexia's commercial and technical organisation. The Spanish IoT market is characterised by large investments in water and gas metering, which is expected to contribute to significant sensor growth in the IoT network in the coming years."Through the acquisition of Redexia, we continue our European IoT expansion and gain